Vmoto (ASX:VMT) announced a bullish outlook for the 2026 financial year, forecasting a revenue surge driven by the global shift towards electric mobility.
The Perth-based electric vehicle manufacturer expects sales revenue to land between $73.5 million and $85 million, marking a projected increase of 57% to 82% over the previous year.
The growth is being propelled by a strategic expansion into "full-solution" e-mobility, underpinned by partnerships with last-mile delivery giants like Uber and favourable regulatory shifts, including petrol motorcycle bans in international urban centres like Vietnam.
Managing Director Charles Chen expressed confidence in the company's trajectory, noting that the diversification into Vehicle-as-a-Service and Energy-as-a-Service models will be critical in capturing further market share across key international territories.
At the time of reporting, Vmoto’s share price was $0.083.